EduLab has become the first Japanese company to invest in the “GSV Acceleration Fund”, a U.S. fund specialized in EdTech
EduLab has become the first Japanese company to invest in the “GSV Acceleration Fund”, a U.S. fund specialized in EdTech
EduLab, Inc.
EduLab, Inc. (Location: Minato-ku, Tokyo; President and CEO: Junichi Takamura; hereinafter referred to as EduLab Group) has made a strategic LP investment in the “GSV Acceleration Fund”, a U.S. acceleration fund that plays a major investment role in the field of EdTech and the formation of a community with partner companies.
Background
The market size of EdTech globally is expanding every year and it is expected to reach US$ 252 billion by 2020. This has led to the number of startups entering this market to rapidly increase, including the birth of some global unicorns. Following this trend, EduLab Group has been globally supporting, collaborating with, and investing in promising EdTech startups.
Investment Summary
EduLab Group has established equity participation as a limited partner in the GSV Acceleration Fund, a fund with strength in the formation and investment of a community in the global EdTech market. The GSV Acceleration Fund consists of selected partner companies from all over the world that have expertise in educational and EdTech industries and EduLab Group is the first partner company selected from Japan. EduLab Group strives to expand opportunities to invest in and collaborate with by reaching deeper into EdTech market in the world.
GSV Acceleration Fund
The objective of the GSV Acceleration Fund is to provide everyone with equal future possibilities and, based on the idea that innovators are key to achieving this objective, they actively make global investment in and collaboration with EdTech startups that have potential for making drastic changes in the educational industry. They are also known as the host of the “ASU GSV Summit”, the biggest EdTech event in the world.
About EduLab Group
EduLab, Inc. realizes educational solutions for the next generation based on the latest learning science, which includes building new businesses and investment in the field of Edtech, providing IT solutions and platforms for the education industry, and supporting next generation education and school management systems. We have offices in Tokyo, Seattle, Singapore, Hong Kong, Beijing, Shanghai, Bangalore, and Pune.
More information can be found at https://www.edulab-inc.com/en/